$100M Oceanfront Estate Selling as Teardown in Golden Beach, Florida
$100,000,000 | Built 1995 | 25,867 Sq. Ft. | 9 Beds | 11.5+ Baths | 1.57 Acres
355 Ocean Blvd, Golden Beach, FL 33160
With nearly 26,000 square feet of interior space and amenities including a home theatre, bowling alley, spa, gym and wine cellar, it’s hard to believe this 27-year-old mansion is being marketed as a teardown. According to listing details, plans and permits are in process for a 30,000 square foot mansion complete with 10 bedrooms, 3 staff rooms and a 6 car garage. The current estate was the dream of owner, Edith Newman, who lived there with her late husband, Joel Newman, former owner of Craig Electronics, according to The Real Deal. The couple purchased the property in 1985 for $1.5 million. Whoever ends up purchasing the property may end up keeping the current residence which does feature a large loggia, 58-foot swimming pool, grand veranda and 250-linear-feet of ocean-frontage.
Listing details: A once in a generation offering on the beach in Miami. A compound on the sands of Golden Beach princely positioned for the privacy seeker. With 250 linear feet of ocean frontage and 1.5 acres, this mega estate is the largest oceanfront property in Miami. Decorator ready with plans and permits in process for a 10 bedroom, 3 staff room, 6 car garage, 30,000SF+ Mansion. With 5 bedrooms facing the ocean, along with all key living areas, and 11ft – 23ft ceilings throughout, the spacial planning was light years ahead. Seaside breezes are appreciated from the loggia, poolside cabana, 58ft swimming pool, grand veranda, and a swoon-worthy green lawn. On the market for the first time in nearly 40 years, this one-of-one trophy exudes Palm Beach elegance amidst Golden Beach’s prized amenities: private beach, tennis courts, clubhouse & its own police force. The property is on the market for $100 million with Ryan Serhant of Serhant & Dina Goldentayer of Douglas Elliman.